The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
lamald, When US and their friends turned Iraq in to rubble and killed half a million non of the current garbage of sanctions and the rest of the crap didn't been talked and these NATO was laughing all the way. One day China or some others would take their revenge on these morons
So has risen 30% in the last 3 month in anticipation of of excellent result. You need to measure against the expectation and the results didn't justify the lofty valuation. If the market think in the next few month the economic condition would improve and bad debts reduce, the so would climb back. The current value reflect the reality and now the frost been removed.